Auto Warranty Companies Fight For Your Business
car warranty - The world of auto warranty companies is actually a fiercely competitive one. You can find a limited variety of cars on the streets - granted, there are many them, and all of them, at some point or still, has or enjoyed a warranty - but with the multitude of companies fighting for the business of those drivers, this means that every car owner will be the target of some very hungry sales reps.
This can be quite a daunting position to stay in to get a car owner. Regardless if you are purchasing a new car from the dealership, or buying a used car, there will be people selling you their warranty services.
In the dealership, you could run into a pushy sales representative who will try everything they could to help you get to sign on to have an extended warranty once you make your initial purchase. You will find good things about buying at that time, including obtaining the costs in the warranty rolled up in to the financing for your car, and knowing that your dealership will continue to be the spot to possess any repairs or replacements done. But these comforts might end up costing you hundreds or thousands of dollars in the end. Sales agents make huge commissions on warranties, so they're eager to obtain to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will have to pay more up-front with those third-party companies, rather than adding a tiny number in your monthly car payment bills. However it would likely help you save money.
But just as not every car sales representative has gone out to rip you off, its not all third-party providers are excellent guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the conditions and terms of the warranties they offer. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to gain you as being a client, so use that in your favor. Compare costs, take a look at each of the relation to the warranties offered, and tell the companies you speak with “hey, cause me to the most effective offer.” Someone else will if they can't.